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Which Debt To Pay First?

Monday, January 14, 2013 - 12:45 PM

Pay the (higher-interest-rate) credit card debt first, keep the CD to avoid penalty.

A better question is "Why did you pay more than $50K for a car at the first place??"

$41K credit card debt is a bit alarming.  Dr. Don should get the entire picture before giving prudent and practical answers; e.g., $50K car but only $56k mortgage??  Something wrong with this picture.

51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
1. Monday, January 14, 2013 - 11:23 PM
How can you tell somebody is white trash one step removed from trailer trash?


Their garage is bigger than the house they live in.
darkdreamer4udarkdreamer4u178 posts since
Jun 11, 2010
Rep Points: 638